Wakefield-Peacedale, RI Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Wakefield-Peacedale, RI is $655,000, up 22.2% year-over-year. Homes sell in an average of 36 days with 8 active listings. The market is currently a seller's market.
$655,000median sale price
Is Wakefield-Peacedale a buyer's or seller's market?
Wakefield-Peacedale, RI is currently a seller's market, based on 1.1 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
36
Average pace
Active listings
8
1.1 months supply
Sale-to-list
97.2%
Below asking
Wakefield-Peacedale, RI market data
| Metric | Value |
|---|---|
| Median sale price | $655,000 |
| Median list price | $567,450 |
| Year-over-year price change | +22.2% |
| Average days on market | 36 days |
| Active inventory | 8 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 97.2% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Wakefield-Peacedale housing market is currently classified as a seller's market with a median sale price of $655,000. Prices have risen 22.2% compared to last year, with homes spending an average of 36 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Wakefield-Peacedale
There are currently 8 homes listed for sale in Wakefield-Peacedale, Rhode Island. The median listing price is $567K.
Active listings
8
Homes on market
Median list price
$567K
Avg. days on market
36
Days until sale
New this week
6
Newly listed
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Frequently asked questions
What is the average home price in Wakefield-Peacedale?
The median home sale price in Wakefield-Peacedale is $655,000, up 22.2% from last year.
How long do homes stay on market in Wakefield-Peacedale?
Homes typically spend 36 days on market before going under contract.
Is Wakefield-Peacedale a buyer's or seller's market?
With 1.1 months of supply, Wakefield-Peacedale is currently a seller's market.
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